A conference on sustainable development opened Thursday in north China's port city Tianjin to further promote industrial development among Shanghai Cooperation Organization (SCO) member states.
China is to host the Shanghai Cooperation Organization summit in Tianjin this autumn. The China-SCO Conference on Industrial Cooperation for Sustainable Development is one of the activities organized during a promotion event from Wednesday to Friday. It aims to promote cooperation in fields like infrastructure, energy, mining and petrifaction.
Nearly 400 guests, including government officials and enterprises from SCO member states attended the opening session.
"It provides lots of inputs, insights into how to make future preparations for the peoples. That could be approved by the head of the states in what areas we are going to focus for this sustainable development cooperation in the future," said SCO Deputy Secretary General Sohail Khan.
The new tariffs levied by the United States on the rest of the world have added urgency to sustainable development, which is crucial as it addresses environmental issues, promotes economic stability and ensures social equity.
"The United States of America will not be the winner. Because other countries, they will create some new platforms on how to develop without this sanction," said Koroteev Kirill, first deputy general manager of China-Belarus Industrial Park Development Company, CJSC.
As the rotating chair of SCO this year, China is hoping to boost cooperation among member states, and promote the building of a closer community with a shared future.
Tianjin hosts SCO conference on investment in sustainable development
Tianjin hosts SCO conference on investment in sustainable development
The sixth edition of Shanghai's iconic "5·5 Shopping Festival" kicked off on Thursday, alongside the 2025 International Consumption Season, in a renewed push to boost domestic demand and revitalize consumer spending.
Co-hosted by the Ministry of Commerce, China Media Group (CMG), and the Shanghai Municipal Government, the event promises a vibrant mix of promotional campaigns, themed events, and immersive retail experiences across the city's commercial districts.
Centering on the theme "Quality Consumption, Demand Creation," the festival targets four key consumer sectors: services, big-ticket purchases, inbound spending, and emerging consumption trends. It also highlights new economic frontiers such as the debut economy, the silver economy, the nighttime economy, and the ticket-based economy—aimed at unlocking consumer potential and enhancing Shanghai's commercial vitality through new product launches, senior-friendly services, dynamic nightlife, and spending on cultural activities.
The festival launch ceremony also included the Fourth International Consumption Center City Forum. In a video address, Marwan Ahmed Bin Ghalita, Acting Director General of Dubai Municipality, expressed hopes for deeper cooperation between Shanghai and Dubai as the two metropolises mark the 25th anniversary of their sister-city relationship. He emphasized their shared vision for urban development and prosperity.
Another highlight of the festival was the debut of the "CMG Select: Shanghai Pavilion." Combining celebrity hosts, culture, art, and premium brands, the pavilion leverages CMG's influential media platform to energize consumer activity and support Shanghai's drive to become a world-class consumption center.
The shopping festival will run through the end of June, with over 1,000 companies and thousands of brands set to launch more than 1,000 special events.
The 2025 International Consumption Season is a flagship event under the "Shop in China" campaign. Jointly launched by the Ministry of Commerce and five other government departments, the initiative will mobilize regions across the country to spotlight premium international and domestic goods. It will feature product debuts, first launches, and consumer-friendly measures to help both domestic shoppers and inbound tourists access high-quality global merchandise and enjoy top-tier services.
Shanghai launches major shopping festival to boost consumer spending
